490 County Road 1663CullmanAL35058
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Cullman at 490 County Road 1663, Cullman, AL, 35058 earns $547/mo cash flow from $1,670/mo rent with a $974/mo payment. Total monthly income totals $1,670/mo, and annual cash flow totals $6,561/yr on $65,969 capital. ROI tracks 29.85% on current figures, and rental yield reads 10.07% at a $199,000 purchase. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 over five years. Five-year ROI reaches 155.47% and total cumulative return in cash sums $102,558. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,670/mo property income instead of your personal income.
Single Family
Built in 2023
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35058, Cullman, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,205 (100%) |
| Owner Occupied HU | 3,767 (72.4%) |
| Renter Occupied HU | 1,041 (20.0%) |
| Vacant Housing Units | 397 ( 7.6%) |
| Median Home Value | $237,469 |
| Average Home Value | $288,506 |
Housing Distribution
Address Breakdown
Residential
4,991
Single Family
4,991
Multi-Family
0
Businesses
321
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leslie Hollingsworth • HAPPY HOMES REAL ESTATE
Mls Name: Strategic MLS Alliance
Mls ID: #517610
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.